SCH Schibsted Asa Class A

Schibsted ASA (SCHA/SCHB) – Share buyback

Schibsted ASA (SCHA/SCHB) – Share buyback

Schibsted announced on 16 July 2019 the ambition to buy back up to 2% of the outstanding Company shares during 2H 2019.

Since then, Schibsted has bought back 2,957,040 A-shares and 1,323,649 B-shares, totalling 1.81% of the Company shares. The pace of the buybacks has been limited by liquidity in the trading of Schibsted’s shares. Due to the upcoming Q4 2019 report on 13 February 2020, Schibsted has decided to pause buybacks from today, 08 January 2020.

Schibsted’s ambition to buy back 2% of the Company shares stands firm while the execution of any repurchases will depend on market conditions. The Board may resolve to terminate the buyback program before the threshold set out above is reached.

Oslo, 08 January 2020 

SCHIBSTED ASA

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

EN
08/01/2020

Underlying

SCHSchibsted Asa Class A

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Reports on Schibsted Asa Class A

Ole Martin Westgaard
  • Ole Martin Westgaard
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SCH Schibsted Asa C...

Schibsted (Sell, TP: NOK290.00) - Muted growth continues

The Q1 results were above expectations on lower-than-expected costs, while growth continued to be muted. We reiterate our SELL as we continue to find the valuation high relative to growth prospects, but have raised our target price to NOK290 (280) on increased estimates.

SCH SCHIBSTED ASA CLASS A
05/07/25 May 7, 2025 1 EN
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
SCH SCHIBSTED ASA CLASS A
05/07/25 May 7, 2025 1 EN
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
SCH Schibsted Asa C...

~20% better on lower cost

Q1: Group EBITDA +17% vs cons on 9% lower cost. Confidence in targets. Cons '25 EBITDA +5%, stock up 5-10%

SCH SCHIBSTED ASA CLASS A
05/07/25 May 7, 2025 1 EN
Ole Martin Westgaard
  • Ole Martin Westgaard
Free Trial
SCH Schibsted Asa C...

Schibsted (Sell, TP: NOK280.00) - Prisjakt sold at low price

Schibsted has signed an agreement to sell Prisjakt to eEquity for SEK500m. We find the price low, at c40% of our SOTP value, but find it positive that the company continues to simplify its portfolio to focus on Nordic Marketplaces. We expect a slightly negative share price reaction.

SCH SCHIBSTED ASA CLASS A
05/06/25 May 6, 2025 1 EN
ABGSC Media Research ... (+3)
  • ABGSC Media Research
  • Henrik Bartnes
  • Petter Nystrøm
SCH SCHIBSTED ASA CLASS A
05/06/25 May 6, 2025 1 EN

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